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Hey BP!I have a question regarding all of the extra fees that come when wholesaling an unwanted house (Specifically in Edmonton, Alberta).Lets say I found a distressed house that needs some work and I have a fix &...
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Hello Everyone, I just bought my first 2-flat in Chicago. However, I have a large unfinished basement I would like to convert to a 3rd unit. I am trying to get an estimated idea of the cost of this project. If anyone ...
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How do you figure out if the duplex that your building will be worth it? I’m estimating it will cost me about 350-400k to build and rent for about 1700-2200 per unit. Any help will be appreciated. I am having to put a...
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Hi, new Pro member and have a question about the rental property calculator. I'm trying to figure out what needs to be included in closing costs. I see a lot of people use a low % (2-3%) for closing costs but shouldn'...
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I'm interested in starting a discussion on easy ways to figure out appropriate amounts of dwelling and liability coverage to purchase for a rental property in a given area. I don't see a lot in terms of resources for ...
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Hello!I am currently in the process of subdividing some land I have to build to rent a 2-4 unit in Worcester, MA on it. How much is the cost to build currently in Worcester, MA on average?Also I am a newbie at this, b...
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Looking into purchasing a duplex for 175k. However, closing cost are exactly what I have in cash 20k. I was planing on doing renovation to the first floor as the second floor is ready to go. This will be all done thr...
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This is the third flip deal I will be doing if I got the offer accepted. The house will be in sheriff sale this month. So it is in short sale now. It is a two-floor 2500 sqft SFH built in 1997 with fair market value 1...
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Simple question, what are you looking for in a city to invest in?
Is it the potential growth an area is facing? The cash flow on hand when you buy? Your backyard?
I am curious to know what YOU are looking for in an...
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Currently looking to outsource bookkeeping/accounting tasks to a bookkeeper. I am realizing a difference between costs of services.How much should it cost me to outsource to a company (not a freelancer) if i have a co...